EuromoneyFXNews.com

EuromoneyFXNews.com

Sign up to receive free alerts from our foreign exchange news service

China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

September 2006

Covered bonds: The Yanks are coming!


Will US issuers and investment banks finally learn to love covered bonds?


Washington Mutual is the first US issuer of covered bonds and it is essential that its inaugural deal succeeds. So it makes sense to select a lead manager group made up of European banks with strong covered bond franchises.

But US dealers are watching closely, with an eye to taking advantage of the change in circumstances. For many years US investment banks have half-heartedly looked...


You must be a trialist or subscriber to view this content

Please Subscribe or take a Free Trial below.
Already a subscriber? Log in here.





Download the Free Euromoney iPad app today